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No. of Recommendations: 4
Networking, talking to smarter people than me i.e. industry experts in biotech, looking at the holders/de novo investors for 'smart money,' etc.

I'm never going to be an expert on biotech, so if I want to own some, I have to play follow-the-leader to some extent. Given that these are all small-cap biotech you have to be willing to take the risks vs the rewards of innovation.

We all know how hard this sector can melt down when it does. It's not like I'm putting 8 or even 4% in these names. Wish I had...
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